Disney World union members reject contract offer

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Two former senior staffers debate the decision Your questions about a possible gas stove ban, answered 03:03 Now playing - Source: CNN Business Powell explains why the Fed will not 'promote a greener economy' 00:59 Now playing - Source: CNN Business New York CNN — Unionized workers at Disney World have rejected a contract proposal from the company that would have given them at least a $1 an hour raise each year over the five-year life of the rejected offer.
The 32,000 Disney employees, members of six different unions, had been urged by their unions’ leadership to vote no. More than 14,000 votes were cast and 96% voted no. “I think the workers at Disney World have sent a loud message that $1 is not enough.
The company, which had described its rejected contract proposal as a “very strong offer,” said that 46% of cast members would have gotten more than a $1-an-hour raise in the contract’s first year, and that the majority of employees would have received raises totaling 33% to 46% during the life of the contract.
The unions said those workers who would have gotten more than a $1 an hour pay increase under the offer are in jobs where Disney is having trouble filling openings and retaining workers.